Pebblebrook Hotel Trust (PEB) Operating Expenses (2010 - 2026)
Pebblebrook Hotel Trust (PEB) posted Operating Expenses of $337.6 million for Q1 2026, down 0.75% on a QoQ basis from $340.2 million in Q4 2025, and up 3.08% year-over-year from $327.5 million in Q1 2025.
Pebblebrook Hotel Trust (PEB) Operating Expenses (2010 - 2026) Analysis & Trends
Pebblebrook Hotel Trust's Operating Expenses history runs 17 years deep, the most recent figure standing at $337.6 million for Q1 2026.
- Quarterly Operating Expenses rose 3.08% year-over-year to $337.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.4 billion (up 4.38% YoY) and the FY2025 annual result came in at $1.4 billion, up 4.56% from the prior year.
- Operating Expenses was $337.6 million for Q1 2026 at Pebblebrook Hotel Trust, down from $340.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $421.8 million in Q3 2023 and bottomed at $300.5 million in Q1 2023.
- A 5-year average of $346.9 million and a median of $340.2 million in 2025 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 152.14% — and 2024, when it fell 15.26%.
- Pebblebrook Hotel Trust's Operating Expenses stood at $331.4 million in 2022, then gained by 5.69% to $350.2 million in 2023, then gained by 2.85% to $360.2 million in 2024, then slipped by 5.57% to $340.2 million in 2025, then retreated by 0.75% to $337.6 million in 2026.
- Business Quant data shows PEB's Operating Expenses at $337.6 million in Q1 2026, $340.2 million in Q4 2025, and $408.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 8.12 Bn | 7.74 Bn | 290.28 Mn | 526.78 Mn |
| 2 | Apple Hospitality REIT | 3.92 Bn | 3.91 Bn | 130.80 Mn | 289.73 Mn |
| 3 | Park Hotels & Resorts | 2.91 Bn | 2.69 Bn | 516.00 Mn | 559.00 Mn |
| 4 | DiamondRock Hospitality | 2.59 Bn | 2.56 Bn | 215.84 Mn | 229.54 Mn |
| 5 | Sunstone Hotel Investors | 2.19 Bn | 2.03 Bn | 259.54 Mn | 231.29 Mn |
| 6 | Pebblebrook Hotel Trust | 2.15 Bn | 2.05 Bn | 113.57 Mn | 337.61 Mn |
| 7 | Xenia Hotels & Resorts | 1.94 Bn | 1.91 Bn | 99.84 Mn | 253.79 Mn |
| 8 | RLJ Lodging Trust | 1.80 Bn | 1.78 Bn | - | 312.17 Mn |
| 9 | Service Properties Trust | 1.42 Bn | 1.40 Bn | 21.93 Mn | 365.33 Mn |
| 10 | Summit Hotel Properties | 730.53 Mn | 1.08 Bn | 148.71 Mn | 170.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 337.61 Mn |
| Dec 31, 2025 | 340.16 Mn |
| Sep 30, 2025 | 408.93 Mn |
| Jun 30, 2025 | 355.15 Mn |
| Mar 31, 2025 | 327.50 Mn |
| Dec 31, 2024 | 360.23 Mn |
| Sep 30, 2024 | 357.47 Mn |
| Jun 30, 2024 | 336.14 Mn |
| Mar 31, 2024 | 315.45 Mn |
| Dec 31, 2023 | 350.24 Mn |
| Sep 30, 2023 | 421.84 Mn |
| Jun 30, 2023 | 309.54 Mn |
| Mar 31, 2023 | 300.52 Mn |
| Dec 31, 2022 | 331.38 Mn |
| Sep 30, 2022 | 364.48 Mn |
| Jun 30, 2022 | 345.58 Mn |
| Mar 31, 2022 | 335.73 Mn |
| Dec 31, 2021 | 266.56 Mn |
| Sep 30, 2021 | 239.44 Mn |
| Jun 30, 2021 | 137.06 Mn |